Laserfiche WebLink
<br />MINUTE ORDER <br />CITY COUNCIL MEETING <br />PUBLIC FINANCING AUTHORITY BOARD <br /> <br />January 23. 2006 <br />MO. 06-20 <br /> <br />CITY CLERK DEPARTMENT <br />Redwood City <br /> <br />DATE: <br /> <br />January 24, 2006 <br /> <br />Attention: <br /> <br />City Attorney <br />Public Works Services Department <br /> <br />SUBJECT: Water Financing Plan - 2006 Update <br /> <br />AGENDA ITEM: 7B (802) <br /> <br />Joint Meeting of the Council of the City of Redwood City and Public Financing <br />Authority Board on January 23, 2006. <br /> <br />Present: Council Members Aguirre, Bain, Hartnett, Howard, Ira, Vice Mayor Foust, <br />and Mayor Pierce <br /> <br />Absent: None <br /> <br />The following motion was made, carried and entered on the Minutes <br /> <br />MIS Aguirre/lra by motion: (a) approve the Redwood City Water Financing Plan <br />- 2006 Update, prepared by Bartle Wells Associates, Independent Public <br />Finance Advisors for the purpose of financing the Recycled Water Project - <br />Alternative 'TF,' as recommended by the Community Task Force on Recycled <br />Water; and, (b) conceptually approve a 12% water rate increase, and ask the <br />City Council Utilities Committee to work with staff to recommend how rate <br />increases could be implemented on July 1, 2006. <br /> <br />The motion passed by a unanimous roll call vote by all those present. <br /> <br />\.Ü~~,.~. ~ <br /> <br />Patricia S. Howe <br />City Clerk <br /> <br />J ~ . ~F"-~\.'- ) <br />